Are short sales good for Realtors and bad for homeowners?
Why go with a foreclosure where you have to spend upwards of $30,000 to update it when you can find a similar home placed on the market by an owner who is not under duress that already has the upgrades in plus has a swimming pool and is in move-in condition?
If you have a FHA insured loan - and virtually all first-time buyers who have purchased homes in Manteca during the last three years have them - you might just want to take advantage of the one-time ability to streamline your loan.
Foreclosure cancellations are at an all-time high in California.
Last week I started a two part article telling my personal short sale story. Like I stated last week, I thought I would share with you my story to let you know one major thing that a lot of Realtors fail to mention to their clients but they long to hear: "You're not alone!" "I have actually been there!" "You will make it through, I did!"
With all the news about interest rates and mansions selling for the price of shacks, many people are asking themselves, "Is now the time to sell our home?" The answer to that question depends heavily on your situation.
How do you determine when it is the best time to buy a home?
Our local real estate market and community owe a great deal of gratitude to the Builder Generation, a group of active adults who are doing more than their part to stabilize our local housing market. In a time where our seniors have been almost disregarded in our culture, it's good to live in a community that not only supports our seniors, but also places an emphasis on their importance.
If you close your eyes and think of the word "foreclosure", what are some images that come to mind? Some see outwardly expressed imagery such as six foot high weeds, dry and dead lawns, papers taped to windows, spider webs and other pictures that remind you of the opening scenes of an old black and white scary movie panning into the haunted mansion. The only problem is that haunted mansion is found all over our southern San Joaquin community.
When most people hear the phrase "loan modification" there are a multitude of images and emotions that flood the brain; skepticism, hope, desperation, lonely, gamble, fear and maybe even a "yeah right"! I have often said that it's easier to catch a Leprechaun at the end of a rainbow than receive a permanent loan modification.
The day of great deals are numbered.
By DENNIS WYATT
A Manzanita is a strong, resilient tree.
Determining value - especially with cash buyers - is an art and not a science.
The nation's largest homebuilder's Bay Area Division took top honors in ten separate categories at the 33rd annual Building Industry Association's MAME Awards.
How much do you spend on utilities? Are you looking for ways to save? A typical American household spends about $2,100 on energy bills each year, according to the U.S. Environmental Protection Agency (EPA). Most of that expense comes from a home's energy use during the winter heating season. But a quick home checkup can help you can reduce these costs, prepare for winter and enjoy energy savings.
WASHINGTON (AP) - Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness.
Halloween has its fair share of iconic symbols: ghosts, witches, mummies and pumpkins, just to name a few. But if your home decor is becoming just as iconic, it may be time to change it up and take your decorating in a new direction.
SAN DIEGO (AP) - California home sales rose for the first time in a year in September, a research firm said Tuesday, as cooling prices and a strong economy encouraged buyers.
Homeowners have spent more on kitchen remodeling than any other home improvement category in the last 10 years, according to Harvard's Joint Center for Housing Studies - and there's good reason. An updated kitchen does more than boost the value of your home; whether you make just a few changes or completely renovate the entire space, a kitchen that feels new is always refreshing. From basic cooking to frequent entertaining, your dream kitchen should look good and function well.
WASHINGTON (AP) - Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.
Americans are renovating again, and instead of letting resale value alone drive their renovation choices, in 2014 homeowners are weighing many more factors. They are seeking renovations that are beautiful, luxurious and eco-friendly, and that both enhance resale value and their ability to age in place should they choose not to sell down the road.
If you are a first-time homebuyer defined as someone who hasn't owned a home in the last three years you could be eligible for $6,500 in interest free down payment assistance.
WASHINGTON (AP) - Average U.S. mortgage rates fell for the third straight week, making it more affordable to borrow to buy a home.
In the U.S. alone, approximately 60 million people suffer from asthma and allergies, which according to the American Lung Association can be triggered by mold for those who are allergic. As a responsible homeowner, it's essential to be aware of the many threats, such as mold and fire, which may cause harm to your family and your investment.
Cooler temperatures are on the horizon and now is the ideal time to begin checking items off your seasonal to-do list. Complete simple projects before the harsh winter weather arrives so your home is ready to enjoy in the coming season.
WASHINGTON (AP) - U.S. home prices increased in August, yet the pace of these gains continues to slow, helping to improve affordability for would-be buyers.
Whether you're spending quality time with family or entertaining guests, few things compare to the cozy, warm and welcoming atmosphere created by a fire pit in the backyard. In fact, fire pits are among the most popular features for enhancing an outdoor living space, according to the 2014 Residential Landscape Architecture Trends Survey conducted by the American Society of Landscape Architects. Even better, with little experience and materials, you can build a fire pit in just a few hours.
The oil boom and skyrocketing housing prices west of the Altamont Pass are setting the stage for a 21st century Grapes of Wrath migration.
The tub tucked away in your home's master bathroom is so much more than a place to get clean. It's a calming refuge and therapeutic retreat after a busy, high-pressure day. Tub trends indicate that bathtubs are primarily used for soaking, while shower time is mainly for cleansing. The soaking tub has become the destination for relaxation amid today's fast-paced lifestyles.